2471 Road 506, Cloyne (PIN3617 Road, Frontenac (Frontenac North) - Business for Sale
2471 Road 506, Cloyne (PIN3617 Road, Frontenac (Frontenac North), Ontario, K0H1K0
This business in Frontenac is for sale offering roughly 9,684 sq ft of space.
Description
Rare Waterfront Opportunity - Turnkey Resort or Ultimate Family Legacy Compound, Welcome to Myers Cave Resort, a spectacular 5-acre waterfront sanctuary nestled along the pristine shores of Marble Lake and its cascading rapids. Rich with history and entirely modernized for contemporary luxury, this unique estate features a residential home, a grand 7-bedroom main lodge with a 1 bedroom seperate suite, alongside 5 charming, renovated independent guest cottages, and a fully renovated secondary residential building, The Grange. For the visionary investor, this property offers an established, turnkey commercial operation complete with a swimming pool, hot tub, private sandy beach, and immense goodwill. Alternatively, it presents a once-in-a-lifetime opportunity to be converted into an exclusive, multi-family recreational compound. Imagine a private family estate where multiple generations can gather, each enjoying their own private cottage, while sharing the expansive lodge, beachfront, and manicured grounds. Located in the heart of the Land O' Lakes region-just minutes from Bon Echo Provincial Park-this four-season playground offers unparalleled privacy, stunning views, and endless potential to continue a thriving business or anchor your family's real estate legacy. The offering also includes a seasonal food truck business that compliments the resort guests, and is a known favorite for passerby's. The property is highly regarded in the tourism space, recognized as a top "Cycle & Stay" accommodation for Ontario's Highlands cycling networks and backed by a Booking.com "Preferred Partner" status. (id:66096)
Property Details
- MLS®
- X13540146
- Property Type
- Business
- Business Type
- Accommodation
- Zoning
- RU and RC
- Interior Size
- 9,684 ft²
- Lot Size
- 9,684 sq ft (0.22 ac)
- Heating
- Baseboard heaters, Forced air, Not known, Natural gas
- Cooling
- Partially air conditioned
- Property Tax
- $8,173/yr
- Listed
- 120 days ago
Features
- Lot Features
- Irregular lot size
Services
- Water
- Drilled Well, Lake/River Water Intake
- Sewer
- Septic System
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 120 days on market, against an average age of 110 days across the listings currently for sale in this city
Homes here sell below asking price
Homes in this market sold for an average of 94.5 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Frontenac (Frontenac North) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K0H)
This home lists at $2,500,000, about 27.2× the local median household income of $92,000.
Carrying it typically needs a household income of about $488,338 (20% down, 25-yr amortization, stress-tested) — roughly 431% above the area median.
- Median household income
- $92,000
- Population
- 47,286
- Median age
- 51.2
- Owner / renter
- 91% / 10%
- Avg. household size
- 2.4
Source: Statistics Canada, 2021 Census (FSA K0H)
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$2,500,000
Frontenac